a bond that has 1000 face value and a contract


A bond that has $1000 face value and a contract interest rate of 11.4%. The bonds have a current value of $1124 and will mature in 10 years. The firms marginal tax rate is 34%. The cost of capital from this bond debt is?

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Finance Basics: a bond that has 1000 face value and a contract
Reference No:- TGS0181552

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